PGIM Jennison International Opportunities ETF
$61.35−1.03 (−1.65%)
- 0.54%
- $62M
- −0.8%
- 0.19%
- 0M sh
- $62.91
- low $53.03high $70.89
The ETF.net PJIO Grade
B
Score 57 out of 100
- 5 of 14
Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A84 out of 100Rank 2 of 14Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D26 out of 100Rank 12 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 8 of 14Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D31 out of 100Rank 11 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 6 of 14
Our read on PJIO
BJennison's concentrated international growth playbook, in an ETF: a compact book of non-U.S. stocks picked one at a time. PGIM has announced a rename and a fee cut to 0.54%, so read the current prospectus.
Seeks long-term growth of capital by investing primarily in non-U.S. companies, including issuers in emerging and frontier markets, using fundamental research and systematic portfolio construction.
Why people hold it
- Real stock picking, not index-hugging: a non-diversified, high-conviction growth portfolio from Jennison Associates, which PGIM says has run equity strategies for over 50 years.pgim.com
- The mandate reaches past the usual developed-market blue chips into emerging and frontier issuers, measured against the MSCI ACWI ex USA Index.
- PGIM has announced an expense ratio cut to 0.54%, level with the cheapest active international growth funds in its peer set (CGXU at 0.54%, JIG at 0.55%).pgim.com
Worth knowing
- PGIM has announced a repositioning and rename to the PGIM Jennison Focused International Equity ETF, so the strategy described today may not match the one after the change.pgim.com
- Non-diversified by design: a slip in one big holding lands harder than it would in a broad index fund, and growth styles can sit out of favor for long stretches.pgim.com
- Small and lightly traded, so bid-ask spreads carry more weight here than at a mega-fund. Limit orders are the standard tool for that.
PJIO Holdings
- Stocks
- 35
- 54%
- TSM
Sectors
- Technology41.4%
- Industrials26.4%
- Consumer Discretionary11.8%
- Health Care8.7%
- Communication6.1%
- Consumer Staples3.0%
- Financials2.7%
Geography
- Taiwan19.13%
- Netherlands17.93%
- United Kingdom12.88%
- Switzerland11.66%
- Japan8.67%
- France7.67%
- South Korea4.59%
- United States3.28%
- 14.19%
Developed 73% · Emerging 27%
PJIO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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PJIO$9,925
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PJIO |
|---|---|
| Year to date | +1.8% |
| 1 month | +0.7% |
| 3 months | −4.3% |
| 1 year | −0.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PJIO |
|---|---|---|
| 2026 YTD | +1.8% | |
| 2025 | +17.7% | |
| 2024 | +4.6% | |
| 2023 | −0.4% |
PJIO in the news
PJIO Dividends
- 0.19%
- $0.12
- $0.12 per share
- Irregular
Distribution history
PJIO Risk
- 18.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.31
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.12
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PJIO Cost
0.54%
PJIO0.54%
- The middle half of International Active Growth funds
- Median 0.55%
1 of the 14 International Active Growth funds charge less.
Other funds in International Active Growth
- BMTRAInvesco Actively Managed Exchange-Traded Fund Trust - Invesco International Growth Focus ETFExpense ratio 0.54%1 year return +3.3%
- BFFDIFidelity Covington Trust - Fidelity Fundamental Developed International ETFExpense ratio 0.55%1 year return +8.5%
- BBGIABaillie Gifford International Alpha ETFExpense ratio 0.59%1 year return —
- CLOEVHarding Loevner International Developed Markets Select Equity ETFExpense ratio 0.70%1 year return —
- DBGCGBAILLIE GIFFORD INTERNATIONAL CONCENTRATED GROWTH ETFExpense ratio 0.72%1 year return —